Bohai Bank to price $1.8bn HK IPO after June-end rush

By Jonathan Breen
09 Jul 2020

Bohai Bank wrapped up a billion-dollar-plus Hong Kong IPO this week. The issuer, one of China’s last remaining joint-stock commercial banks to go public, rode the tail end of a hot period for the city’s IPO market. Jonathan Breen reports.

The bank closed books for its IPO at noon on Thursday in Hong Kong. The offer had been oversubscribed after the first day of bookbuilding on June 30, despite launching alongside 10 other live listings in Hong Kong last week.

Bohai Bank’s IPO sponsors — ABC International, CCB International, ...

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